PUMP Token Tanks 75% on Launch: Whales Short Big, $500M Presale Unlock Fears – Can It Recover?

PUMP token plummeted 75% within 24 hours of its highly anticipated launch, crashing from pre-market highs of $0.0072 to lows of $0.005 amid aggressive whale shorting and fears over a massive $500 million presale unlock as competitor LetsBonk surpassed Pump.fun in the daily market share.